EssilorLuxottica's (ESLOF) shares provide investors with pure-play exposure to the global eyewear industry. The company is largely considered to have pioneered eyewear as a separate category, on its own. With the rising penetration of screens and other display technologies in our daily lives, the stress on human eyes is expected to stay or increase further. In this context, EssilorLuxottica, with its vast R&D, manufacturing and retail presence, could be a prime beneficiary.
However, the company has hit some speedbumps in recent quarters, which have impacted its near-term growth trajectory. The company is also